CDS Rerack: It's A Risk Off Day

Tyler Durden's picture

After three days of tightening across the board borne out of nothing but hope about hope, it appears that the ghost of insolvent European governments is back, as reality starts coming back.

                        5Y                     10Y          5/10's                           
ITALY            450/460  +10        431/445      -23/-7                             
SPAIN            371/381  +16    353/369      -19/-3                             
PORTUGAL   1120/1160 +20    855/925    -280/-220                           
IRELAND       690/730  +10        525/595    -180/-120                           
GREECE          59/63  0            60/64      -0.5/2.5                                                                                                             
BELGIUM      287/297  +8      284/298      -6/4                               
FRANCE        177/181  +5        190.5/200.5    14/19                             
AUSTRIA       159/169  +6        173.5/183.5    12/17                             
UK                 92/96  +5          107/113      14/18                             
GERMANY     100/104  +5      119/125      17/21

XO 815/820 +6    MAIN 191.5/192.75 +3.5
ITRAXX Sen Fin 256.5/259.5 +7   Sub 513/525 +35